Settings8H · net · $10k
Funding arb · Price arb /

WIF

all WIF markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0096%/8h= −10.5% APRnext payment $0.12 per $10,000 · paid last 24h −0.029%
Price spread now: dYdX against Popdex−0.179%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and dYdX is 0.179% cheaper against Popdex than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex WIFUSDT0.24570.0096pay 0.0012% / 1h37m 49s$54K$483K20x
ShortdYdX WIF-USD0.24530get 0.0000% / 1h37m 49s$18K$58910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Popdex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$20.16
Price spread: −0.179% → 0.000%
−$17.88
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$54.44
Costs to cover
0.164%
Break-even
never at this rate
Slippage unknown: Popdex: live order book, 36 min ago; dYdX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Popdex live order book, 36 min ago4.11 bp78.2 bp −$78doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

WIF on 32 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack WIF_USDC_PERP−0.0395%1h0.2455−0.065%$75K$252K10xas long as short
Deribit WIF_USDC-PERPETUAL−0.0157%1h0.24570.000%$48K$289K25xas long as short
Gate WIF_USDT−0.0106%4h0.24570.000%$1.2M$7.0M50xas long as short
KuCoin WIFUSDTM−0.0006%4h0.2454−0.122%$4.3M$12.0M75xas long as short
dYdX WIF-USDshort0.0000%1h0.2453−0.179%$18K$58910x
gTrade (Gains Network) WIF/USDL +0.0002% / S −0.0001%1h0.2458+0.022%$16K150xas long as short
Injective WIF/USDC PERP+0.0033%1h0.2395−2.523%$10K$10K12xas long as short
Kraken Futures PF_WIFUSD+0.0039%1h0.2457+0.003%$635K$2.2M50xas long as short
Orderly PERP_WIF_USDC+0.0095%4h0.24570.000%$5K$1.3M10xas long as short
Lighter WIF+0.0096%1h0.2457−0.012%$146K$581K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex WIFUSDTlong+0.0096%1h0.2457long leg$54K$483K20x
Aster WIFUSDT+0.0100%4h0.2457−0.008%$25K$258K10xas long as short
Pacifica WIF+0.0100%1h0.2457−0.012%$76K$51K5xas long as short
Binance WIFUSDT+0.0100%4h0.24570.000%$18.5M$105.5M75xas long as short
Bybit WIFUSDT+0.0100%4h0.2455−0.081%$16.9M$36.4M50xas long as short
OKX WIF-USDT-SWAP+0.0100%4h0.2455−0.081%$6.0M$33.0M50xas long as short
MEXC WIF_USDT+0.0100%4h0.2456−0.041%$22.1M$10.9M50xas long as short
Bitget WIFUSDT+0.0100%4h0.2456−0.041%$7.6M$11.9M50xas long as short
BingX WIF-USDC+0.0100%4h0.2450−0.285%$2.3Mas long as short
Variational Omni WIF+0.0100%4h0.2441−0.646%$72K$68Kas long as short
GRVT WIF_USDT_Perp+0.0100%4h0.2443−0.564%$276K$1.9M10xas long as short
ApeX Omni WIFUSDT+0.0100%1h0.2441−0.651%$43K$632K25xas long as short
SunX WIF-USDT+0.0100%4h0.2451−0.244%$2K$2.8M50xas long as short
SoDEX WIF-USD+0.0100%1h0.2456−0.041%$561$5K5xas long as short
HTX WIF-USDT+0.0100%4h0.2453−0.163%$169K$741K75xas long as short
Extended WIF-USD+0.0104%1h0.2454−0.102%$11K$154K25xas long as short
Aevo WIF-PERP+0.0104%1h0.2457+0.003%$82K$853xas long as short
Hyperliquid WIF+0.0123%1h0.2460+0.138%$7.7M$4.1M5xas long as short
GMX WIF/USD [WBTC.b-USDC]L +0.0191% / S −0.0138%1h0.2457+0.002%$6K100xas long as short
Coinbase International WIF-PERP-INTX+0.0288%1h0.24570.000%$325K$2.4M50xas long as short
BloFin WIF-USDT+0.0340%4h0.2449−0.326%$998K$736K75xas long as short
Reya WIFRUSDPERP+0.0558%1h0.2456−0.056%$015xas long as short